NOT LISTED FOR SALE

395 Addie Way Lynchburg, VA 24501

Estimated Value: $341,000 - $426,000

4 Beds
3 Baths
2,550 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $241,000 $95 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,240/month

76 Days on Market

Highlights

  • Main Floor Bedroom
  • Game Room
  • Laundry Room
  • Great Room
  • Fenced Yard
  • Tile Flooring

About This Home

As of March 2020

Wonderful easy living floor plan offers open living & dining areas adjacent to a well appointed kitchen - Three main level bedrooms, master with full bath and great closet space - Deck off of dining room / area - Full terrace level includes a 4th Bedroom, 3rd full bath and huge family / play room areas plus laundry / storage areas - Level yard with a mostly fenced in rear - Convenient to so much such as LU, River Ridge Mall, shops on Wards Road and more!

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 12/10/2019

BHHS Dawson Ford Garbee

Last Buyer's Agent

Vivian Pogue

RE/MAX 1st Olympic License #0225047109

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 2004

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Split Foyer
  • Shingle Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Attic Access Panel

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

  • Yellow Branch Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • No Cooling
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Russell Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22G-5-24

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,191

Year Built

Built in 2004

Lot Details

0

Listing Details

  • FILLACRES: 0.2900
  • Directions: Route 29 South to left on English Tavern to left into Russell Springs to right on Addie Way to home on right
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 12632.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22G-5-24
  • Year Built: 2004
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Split Foyer
  • Foyer Area: 24.000000
  • Laundryroom Dim: 12.000 x 12.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 15.000 x 15.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Russell Springs Lot 24 Sec 5
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Third Bedroom: 11x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 121.000000
  • Fourth Bedroom: 14x13 Level: Below Grade
  • Fourth Bedroom Area: 182.000000
  • Above Grade Finished Sq Ft: 1350.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access, Storage Only
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 14x12 Level: Level 1 Above Grade
  • Family Room: 28x15 Level: Below Grade
  • Formal Dining: 13x11 Level: Level 1 Above Grade
  • Foyer: 6x4 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Smoke Alarm
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 12x12 Level: Below Grade
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • FamilyRoom Area: 420.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 132.000000
  • Laundry Room Area: 144.000000
  • LivingRoom Area: 225.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: Lot 24
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Fenced Yard, Privacy Fence, Garden Space, Landscaped, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, None
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Russell Springs

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2550.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 1191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Mar 2, 2020
Sold by
Nelson Louis and Nelson Gina J
Bought by
Chaudhry Khalid J and Nisbah Roohi
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Vivian Pogue
RE/MAX 1st Olympic
List Price
$249,900
Sold Price
$241,000
Premium/Discount to List
-$8,900
-3.56%
Current Estimated Value
$389,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,715
Avg. Annual Appreciation
9.11%
Original Mortgage
$192,800
Outstanding Balance
$171,484
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$215,016

Purchase Details

Listed on
Mar 7, 2018
Closed on
Jul 6, 2018
Sold by
Bergeron Brandon and Bergeron Tiffany
Bought by
Nelson Louis and Nelson Gina J
Seller's Agent
Bonnie Crews
Watts Auction Realty Appra Inc
Buyer's Agent
Bonnie Crews
Watts Auction Realty Appra Inc
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$217,490
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 29, 2014
Closed on
Jun 3, 2015
Sold by
Smith Robert A
Bought by
Bergeron Brandon
Seller's Agent
Adam Hopkins
The Hopkins Real Estate Group
Buyer's Agent
APRIL S HESS
Mark A. Dalton & Co., Inc.
List Price
$219,900
Sold Price
$210,500
Premium/Discount to List
-$9,400
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$210,500
Interest Rate
3.62%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chaudhry Khalid J $241,000 Attorney
Nelson Louis $225,000 Sage Title Group Llc
Bergeron Brandon $210,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhry Khalid J $192,800
Previous Owner Nelson Louis $217,490
Previous Owner Bergeron Brandon $210,500
Previous Owner Smith Robert A $204,379
Previous Owner Smith Robert A $211,640
Previous Owner Smith Robert A $174,550
Previous Owner Smith Robert A $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $241,000 -3.6% $95 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $249,900 +11.1% $98 / Sq Ft
07/20/2018 07/20/18 Sold $225,000 -6.2% $85 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $239,900 +14.0% $90 / Sq Ft
06/03/2015 06/03/15 Sold $210,500 -4.3% $95 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
09/29/2014 09/29/14 For Sale $219,900 -- $100 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,289 $286,500 $40,000 $246,500
2024 $1,289 $286,500 $40,000 $246,500
2023 $1,289 $286,500 $40,000 $246,500
2022 $988 $190,000 $36,000 $154,000
2021 $988 $190,000 $36,000 $154,000
2020 $988 $190,000 $36,000 $154,000
2019 $988 $190,000 $36,000 $154,000
2018 $999 $192,100 $36,000 $156,100
2017 $999 $192,100 $36,000 $156,100
2016 $999 $192,100 $36,000 $156,100
2015 -- $192,100 $36,000 $156,100
2014 -- $185,500 $36,000 $149,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 322346

APN: 022G-05000-024-0